Tex. Insurance Code § 1131.056
This is the official text of Tex. Insurance Code § 1131.056, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1131.056. PRINCIPALS.
Official statutory text
(a) In this section, "agent" includes a general agent or a salesperson.
(b) A group life insurance policy may be issued to a principal, or if the principal is a life, life and accident, or life, accident, and health insurer, by or to the principal, to insure the principal's agents for the benefit of persons other than the principal.
(c) A policy to which this section applies is subject to Subchapter I.
(b) A group life insurance policy may be issued to a principal, or if the principal is a life, life and accident, or life, accident, and health insurer, by or to the principal, to insure the principal's agents for the benefit of persons other than the principal.
(c) A policy to which this section applies is subject to Subchapter I.
Status: in_force · Read it on the official government site
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